How Much Does 2015 Chevrolet Traverse Insurance Cost?

Want lower insurance coverage rates for your Chevrolet Traverse? Feel like you’re a prisoner to high-priced insurance coverage? Trust us, there are many people just like you. Drivers have so many auto insurance companies to choose from, and though it is a good thing to have a choice, it makes it harder to find the lowest cost provider.

It’s smart to compare prices every six months since insurance rates change regularly. Just because you found the lowest price on Traverse coverage last year the chances are good that you can find a lower rate today. You can find a lot of wrong information about insurance coverage online but with this article, you’re going to get some good information on how to stop overpaying for insurance.

Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or need new coverage, you will benefit by learning to find the best rates and possibly find even better coverage. Consumers just need to know the tricks to compare price quotes online.

The quickest way to compare car insurance company rates is to know the trick auto insurance companies have advanced systems to provide you with free rate quotes. All consumers are required to do is give them rating details such as how much school you completed, how your vehicles are used, the year, make and model of vehicles, and types of safety features. That rating data is instantly submitted to many different companies and they provide comparison quotes with very little delay.

To compare rates now, click here and find out if you can get cheaper insurance.

How to reduce Chevy Traverse insurance rates

Companies that sell car insurance don’t always publicize every discount in a way that’s easy to find, so we researched both the well known as well as the least known ways to save on insurance coverage. If you aren’t receiving every discount available, you are paying more than you should be.

  • Life Insurance – Larger companies have better rates if you take out life insurance from them.
  • Driver’s Ed – Require your teen driver to complete a driver education course if offered at their school.
  • Multi-policy Discount – When you combine your home and auto insurance with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Military Discounts – Being on active duty in the military could be rewarded with lower premiums.
  • Payment Method – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
  • Accident Waiver – A few companies permit an accident before your rates go up if your claims history is clear for a set time period.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Defensive Driving Course – Taking part in a course in driver safety could cut 5% off your bill if your company offers it.
  • Student in College – Any of your kids who are attending college and do not have a car may be able to be covered for less.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Some only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, you’re out of luck.

Companies that may have some of the above discounts are:

Check with every prospective company what discounts are available to you. Some discounts may not be available in your area.

Chevy Traverse rates are in the details

An important part of buying insurance is that you know the rating factors that play a part in calculating the price you pay for auto insurance. Understanding what impacts premium levels empowers consumers to make smart changes that will entitle you to big savings.

  • Younger drivers pay higher rates – Teenage drivers are statistically proven to be careless and easily distracted in a vehicle so they pay higher auto insurance rates. Mature drivers are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel.
  • Safer cars cost less to insure – Vehicles with good safety scores tend to have better insurance rates. Safer cars protect occupants better and fewer injuries means lower claim amounts and lower rates for you. If your Chevy Traverse scored better than four stars on you are probably receiving a discount.
  • High credit ratings translate to low rates – Credit score is a large factor in determining what you pay for auto insurance. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit ratings. Therefore, if your credit score is low, you could potentially save money when insuring your 2015 Chevrolet Traverse by improving your credit score.
  • Are you male or female? – Statistics demonstrate that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. Men and women cause accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like DUI and reckless driving.
  • Pleasure use saves money – The more miles you rack up on your Chevy every year the higher your rates will be. Almost all companies apply a rate based upon how you use the vehicle. Cars not used for work or commuting qualify for better rates than those used for commuting. Having the wrong rating on your Traverse may be wasting your money. Ask your agent if your auto insurance policy shows how each vehicle is driven.

Tailor your coverage to you

When choosing adequate coverage, there really is no best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions may help you determine if your insurance needs might need professional guidance.

  • Is my teenager covered with friends in the car?
  • Should I rate my 2015 Chevy Traverse as pleasure use or commute?
  • Am I covered when driving a rental car?
  • Will my rates increase for filing one claim?
  • Does my personal policy cover me when driving out-of-state?
  • Do I have coverage when using my vehicle for my home business?
  • How can I get my company to pay me more for my totalled car?
  • Am I covered when driving on a suspended license?
  • Do I need motorclub coverage?
  • Can I rent a car in Mexico?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Save $397 a year? Really?

Consumers constantly see and hear ads for cheaper car insurance by companies like 21st Century, Allstate and State Farm. They all say the same thing that you’ll save big after switching to them.

How can each company make almost identical claims?

Insurance companies are able to cherry pick for the type of driver that is profitable for them. An example of a preferred risk might be profiled as a mature driver, has no driving citations, and drives less than 10,000 miles a year. A customer who matches those parameters is entitled to the best price and as a result will probably cut their rates substantially.

Potential customers who are not a match for the “perfect” profile will be quoted higher premiums which leads to the driver buying from a lower-cost company. The ads state “drivers who switch” not “people who quote” save that much money. This is how companies can truthfully make the claims of big savings. This emphasizes why you should get as many comparisons as possible. Because you never know which insurance coverage company will provide you with the cheapest Chevy Traverse insurance rates.

Car insurance specifics

Learning about specific coverages of car insurance can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages available from car insurance companies.

Collision coverage protection

Collision insurance will pay to fix damage to your Traverse resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as hitting a parking meter, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Liability car insurance

This will cover damage or injury you incur to other people or property. This coverage protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims like structural damage, repair bills for other people’s vehicles, legal defense fees and medical services. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, rock chips in glass, hitting a bird and damage from getting keyed. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for pain medications, X-ray expenses, prosthetic devices, chiropractic care and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Traverse.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Save for a rainy day

When you buy insurance online, never sacrifice coverage to reduce premiums. Too many times, an accident victim reduced liability limits or collision coverage only to regret at claim time that it was a big mistake. The ultimate goal is to buy a smart amount of coverage for the lowest price.

Cost effective 2015 Chevy Traverse insurance can be purchased online and with local insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

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